SK Hynix's Solidigm Eyes 2027 IPO at up to $150 Billion Valuation, in Potential Record-Breaking US Chip Listing: Report
SK Hynix’s Solidigm is exploring an IPO that could value the AI-focused storage company at up to $150 billion.
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CSCO: -6% | Cisco Systems shares are trading lower as the stock sells off following its Q4 financial results. CBRS: -18% | Cerebras Systems shares are trading lower after the company reported worse-than-expected Q2
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SK Hynix’s Solidigm is exploring an IPO that could value the AI-focused storage company at up to $150 billion.
Cerebras Systems and Rigetti Computing represent two different computing frontiers. Cerebras dominates AI hardware with $510M in revenue and 76% growth, while Rigetti pursues quantum computing with only $7.1M in revenue but significant government backing. The article recommends Cerebras as the better 2026 buy due to its established business base, clear growth trajectory, and more reasonable valuation despite both stocks being speculative.
Texas Instruments (TXN) demonstrates stronger fundamentals with 23% revenue growth, 52% EPS growth, expanding margins, and robust cash generation across diversified markets. Cerebras Systems (CBRS) shows aggressive AI-driven growth with 103% revenue surge but faces significant profitability challenges with $450.5M net losses, margin pressure, and customer concentration risks. TXN trades at a more attractive 10.48X forward P/S versus CBRS at 21.40X, giving Texas Instruments the edge despite both carrying Zacks Rank #2 (Buy) ratings.
The global Edge Cloud Orchestration Market is projected to grow from USD 0.52 billion in 2025 to USD 4.80 billion by 2035 at a 24.92% CAGR, driven by AI, 5G, IoT, and cloud-native architectures. The U.S. market is expected to reach USD 1.20 billion by 2035 at 22.73% CAGR. Cloud deployment and services are the fastest-growing segments, while North America leads with 38.60% market share and Asia Pacific shows the highest growth potential at 28.47% CAGR.
While Palantir Technologies meets all stated criteria for Dow Jones inclusion—including S&P 500 membership, U.S. headquarters, and appropriate stock price—the article argues inclusion is unlikely in the near term. The company faces stiff competition from better-established Magnificent Seven stocks and former Dow components, and its relative youth (only 6 years post-IPO) may require a longer track record before serious consideration.